The study on venture investment evaluation based on linguistic variables for chinese case;I{ogonek}monės investiciju{ogonek} vertinimo tyrimas kinijos pavyzdžiu

Journal of Business Economics and Management

Volumn 12, Issue 2, 2011, Pages 219-233

  Liu, Peide ^a  

^a SHANDONG UNIVERSITY OF FINANCE AND ECONOMICS   (China)

Author keywords

Grey relation; Relative closeness; Topsis; Venture investment

Indexed keywords

EID: 80054931889     PISSN: 16111699     EISSN: 20294433     Source Type: Journal    
DOI: 10.3846/16111699.2011.573284     Document Type: Article

References (31)

1. Dixon, R. 1991. Venture capitalists and the appraisal of investments, OMEGA 19(5): 333-344. doi:10.1016/0305-0483(91)90052-U
2. Fang, Y.; Zhang, D. Y. 2006. Fuzzy Evaluation Model of Venture Capital, Mathematics in Practice and Theory (12): 76-80.
3. Flynn, D. 1991. The critical relationship between venture capitalists and entrepreneurs, Small Business Economics 3(3): 185-196. doi:10.1007/BF00400024
4. Franke, N.; Gruber, M.; Harhoff, D.; Henkel, J. 2006. What you are is what you like - similarity biases in venture capitalists' evaluations of start-up teams, Journal of Business Venturing 21(6): 802-826. doi:10.1016/j.jbusvent.2005.07.001
5. Fu, F. L.; Huang, J. B. 2002. Limitations of the Current Venture Capital Project Appraisal Methods, Management Sciences in China 15(1): 68-71.
6. Ginevicius, R.; Zubrecovas, V. 2009. Selection of the Optimal Real Estate Investment Project Basing On Multiple Criteria Evaluation Using Stochastic Dimensions, Journal of Business Economics and Management 10(3): 261-270. doi:10.3846/1611-1699.2009.10.261-270
7. Guo, M. W. 2010. Evaluation of Profit Variable Weight of Risk Investment Enterprises Financial Profit of Risk Investment Projects Based on Set Pair Theory, Journal of Wuhan University of Technology 32(3): 147-150.
8. Herrera, F.; Herrera Viedma, E.; Verdegay, J. L. 1996. A model of consensus in group decision making under linguistic assessments, Fuzzy Sets and Systems 78(1): 73-87. doi:10.1016/0165-0114(95)00107-7
9. Hu, C. W. 2009. Research on venture investment project evaluation methods based on based on coefficient of variation: Master thesis of Zhengzhou University, Zhengzhou.
10. Hui, E. C. M.; Lau, O. M. F.; Lo, K. K. 2009. A Fuzzy Decision-Making Approach For Portfolio Management With Direct Real Estate Investment, International Journal of Strategic Property Management 13(2): 191-204. doi:10.3846/1648-715X.2009.13.191-204
11. Jia, Z. Y.; Zhao, L. 2009. Research on Probability Distribution Method of Interval Number for Management Evaluation of Venture Capital, Techno-economics & Management Research (6): 7-11.
12. Jiang, H.; Ruan, J. H. 2010. Investment Risks Assessment on High-tech Projects Based on Analytic Hierarchy Process and BP Neural Network, Journal of Networks 5(4): 393-402. doi:10.4304/jnw.5.4.393-402
13. Kahraman, C.; Kaya, I. 2010. Investment Analyses Using Fuzzy Probability Concept, Technological and Economic Development of Economy 16(1): 43-57. doi:10.3846/tede.2010.03
14. Ke, X. L; Zhu, K. J.; Diao, F. Q. 2010. An Improved Fuzzy Synthetic Evaluation Model of the Risk in Real Estate Investment, Reformation & Strategy 26(4): 43-45.
15. Kollmann, T.; Kuckertz, A. 2010. Evaluation uncertainty of venture capitalists' investment criteria, Journal of Business Research 63(7): 741-747. doi:10.1016/j.jbusres.2009.06.004
16. Kuang, J. C.; Chen, X. H. 2006.The Model of Evaluating Real Estate Investment Risks Based on Upgraded Antigenic Algorithm, Commercial Research (21): 114-118.
17. Li, X. J.; Wei, G. W. 2009. Research on group decision making method of venture investment evaluation based on intuitionistic fuzzy set, Science and Technology Management Research(7)
18. Mason, C.; Stark, M. 2004. What Do Investors Look for in a Business Plan? A Comparison of the Investment Criteria of Bankers, Venture Capitalists and Business Angels, International Small Business Journal 22(3): 227-248. doi:10.1177/0266242604042377
19. Muzyka, D.; Birley, S.; Leleux, B. 1996. Trade-offs in the investment decisions of European ven-ture capitalists, Journal of Business Venturing 11: 273-287. doi:10.1016/0883-9026(95)00126-3
20. Robinson, R. 1987. Emerging strategies in the venture capital industry, Journal of Business Venturing (2):53-277. doi:10.1016/0883-9026(87)90019-X
21. Rutkauskas, A. V.; Miecinskiene, A.; Stasytyte, V. 2008. Investment decisions modeling along sustainable development concept on financial markets, Technological and Economic Development of Economy 14(3): 417-427. doi:10.3846/1392-8619.2008.14.417-427
22. Shepherd, D. A. 1999. Venture capitalists' introspection: a comparison of "in use" and "espoused" decision policies, J Small Bus Manage (37): 76-87.
23. Shi, X. Y. 2005. Research of venture capital itemized appraisal indicator systemKh{cyrillic}s design and application. Changsha: Master thesis of Central South University.
24. Su, Z. X. 2005. Study on Principal Component analysis applied to venture investment project Selecting, Industrial Technology & Economy (8): 31-36.
25. Tang, H. P. 2002. Venture Investment Decision-Making. Jinan: Shandong PeopleKh{cyrillic}s Publishing House.
26. Tyebjee, T. T.; Bruno, A. V. 1984. A model of venture capitalist investment activity, Manage Sci 30(9): 1051-1066. doi:10.1287/mnsc.30.9.1051
27. Wang, X. F. 2006. A mathematic model on the risk comprehensive evaluation of venture capital, Statistics and Decision (10): 50-52.
28. Wei, G. W.; Luo, Y. J.; Yao, H. S. 2006. PLWC-EOWA operator and its Application to decision making under uncertain linguistic setting, in The Fifth Wuhan International Conference on E-Business: Integration and Innovation through Measurement and Management, Wuhan, China, 27-28 May, 2369-2372.
29. Zhang, X. L.; Yang, D. L. 2006. The application of analytic hierarchy process in venture investment project evaluation, Science & Technology Progress and Policy (10): 54-59.
30. Zhao, Z. W. 2007. Evaluation of Venture Investment Projects Based on Fuzzy Simulation Technique, in The third International Conference on Wireless Communications, Networking and Mobile Computing, Shanghai, China, 21-25 September, 4157-4160.
31. Zutshi, R. K.; Tan, W. L.; Allampalli, D. G.; Gibbons, P. G. 1999. Singapore venture capitalists investment evaluation criteria: a re-examination, Small Business Economics 13(1): 9-26. doi:10.1023/A:1008011216414